Google Faces £13.6 Billion Lawsuit Over Advertising Tech

Published on June 5, 2024

Google must face a multibillion-pound lawsuit following allegations of anti-competitive behaviour in the advertising technology market, a court has ruled. The Competition Appeal Tribunal upheld on Wednesday a £13.6 billion claim by the Ad Tech Collective Action LLP group, which alleges that Google’s practices have damaged UK publishers. Advertising technology, or adtech, is a series of tools that helps sell online ads between publishers, like news websites, and advertisers. It is a highly profitable market, which in 2021 exceeded $490 billion. Ad Tech Collective Action has claimed that Google abused its dominant position in the adtech market, preventing healthy competition and causing financial losses to UK online publishers....

Continue reading on website
Other news

Proposed Class Action Launched Against TD Related to Anti-Money-Laundering Issues

June 5, 2024
A proposed class-action lawsuit has been launched against TD Bank related to the ongoing investigations into the bank’s anti-money-laundering program in the U.S.The suit launched by Sotos Class Actions is on behalf of shareholders who bought TD shares between Aug. 26, 2021 and June 3, 2024.It alleges TD misrepresented systemic deficiencies in its anti-money-laundering controls which, after the def

ACLU Vows to Sue Biden Admin Over Border Restrictions

June 5, 2024
The American Civil Liberties Union (ACLU) said on June 4 that it would file a lawsuit over President Joe Biden’s executive order limiting the number of people applying for asylum at the southern border.On X, formerly known as Twitter, the left-leaning legal group argued that the order would “severely restrict people’s legal right to seek asylum, putting tens of thousands of lives at risk.”Presiden